Bickers Dornan Wholesale Limited

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Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

Report to the directors on the preparation of the unaudited statutory accounts of Bickers Dornan Wholesale Limited for the year ended 31 December 2024

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Bickers Dornan Wholesale Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of Bickers Dornan Wholesale Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Bickers Dornan Wholesale Limited and state those matters that we have agreed to state to the directors of Bickers Dornan Wholesale Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bickers Dornan Wholesale Limited and its directors as a body for our work or for this report.

It is your duty to ensure that Bickers Dornan Wholesale Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Bickers Dornan Wholesale Limited . You consider that Bickers Dornan Wholesale Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Bickers Dornan Wholesale Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

26/06/2025

MKP Accountants Ltd

Chartered Certified Accountants

2nd Floor, Gortalowry House

94 Church Street

Cookstown

BT80 8HX

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Bickers Dornan Wholesale Limited

Balance Sheet

As At 31 December 2024

Balance Sheet

Registered number: NI632666

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		6,816		11,050

			6,816		11,050
CURRENT ASSETS
Stocks		166,998		135,952
Debtors	5	317,833		295,248
Cash at bank and in hand		88,763		97,716

		573,594		528,916
Creditors: Amounts Falling Due Within One Year	6	(213,760 )		(187,931 )

NET CURRENT ASSETS (LIABILITIES)			359,834		340,985

TOTAL ASSETS LESS CURRENT LIABILITIES			366,650		352,035

Creditors: Amounts Falling Due After More Than One Year	7		(5,679 )		(17,643 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,295 )		(2,099 )

NET ASSETS			359,676		332,293

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			359,674		332,291

SHAREHOLDERS' FUNDS			359,676		332,293

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Bickers Dornan Wholesale Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

The financial statements were approved and authorised for issue by the board of directors on 26 June 2025 and were signed on its behalf by:

Derek McMartin Director	Steven Dornan Director
26/06/2025

The notes on pages 4 to 7 form part of these financial statements.

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Bickers Dornan Wholesale Limited

Notes to the Financial Statements

For The Year Ended 31 December 2024

Notes to the Financial Statements

1. General Information

Bickers Dornan Wholesale Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI632666 . The registered office is 2nd Floor, Gortalowry House, 94 Church Street, Cookstown, BT80 8HX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% Straight Line
Motor Vehicles	20% Straight Line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. The term' 'cost' should be interpreted as meaning the total historical cost of bringing the relevant stock to its existing condition and location. The net realisable value is the expected sale price of the relevant stock in the condition in which it is expected to be sold in the traders normal selling market.

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Bickers Dornan Wholesale Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.8. Debtors/Creditors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2.9. Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset’s cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

2.10. Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

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Bickers Dornan Wholesale Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2023: 4)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost
As at 1 January 2024	2,982	18,251	21,233

As at 31 December 2024	2,982	18,251	21,233

Depreciation
As at 1 January 2024	1,969	8,214	10,183
Provided during the period	584	3,650	4,234

As at 31 December 2024	2,553	11,864	14,417

Net Book Value
As at 31 December 2024	429	6,387	6,816

As at 1 January 2024	1,013	10,037	11,050

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	242,746	228,028
Other debtors	8,944	8,961
Amounts owed by connected companies	66,143	58,259

	317,833	295,248

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	1,831	2,746
Trade creditors	84,097	65,658
Bank loans and overdrafts	10,000	10,000
Corporation tax	7,228	1,236
Other taxes and social security	5,779	4,302
Other creditors	4,825	3,989
Amounts owed to connected companies	100,000	100,000

	213,760	187,931

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Bickers Dornan Wholesale Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Net obligations under finance lease and hire purchase contracts	-	1,831
Bank loans	5,679	15,812

	5,679	17,643

8. Obligations Under Finance Leases and Hire Purchase

	2024	2023
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	1,831	2,746
Later than one year and not later than five years	-	1,831

	1,831	4,577

	1,831	4,577

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	2	2

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